Difficult to pass on GST rate cut benefits on ₹2 or ₹5 packs: Nestlé

Nestlé India MD Suresh Narayanan has said it is a challenge to pass on GST rate cut benefits on ₹2 or ₹5 packs. Nestlé was recently fined ₹90 crore for not passing on GST benefits. "For such products, the benefit is ₹25p or ₹50p. We don't have those different coins. How will I pass on...even if I want," Narayanan added.